Transparency International Zambia (TIZ) has stressed the need to allow Law Enforcement Agencies to act independently on the 2023 trends report by the Financial Intelligence Centre (FIC).
Stakeholders have continued to express concern on the released report that recorded over K13 Billion Kwacha in suspicious transactions in the year 2023.
Reacting to the report, TIZ Executive Director, Maurice Nyambe, says the public is interested in evaluating the efficiency of law enforcement agencies on issues raised in the report if the nation is to fight financial illicit flows.
“There is need for action to be taken among law enforcement agencies if the fight against corruption in the public service is to won” said Mr. Nyambe in a statement issued to RCV News in Lusaka today.
He also said that notable concerns in the report include gatekeepers such as law firms and accounting firms involved in suspected financial transactions.
Mr. Nyambe said that the compliance barometer presented in the report indicates that 82% of accounting firms and 60% of law firms, have either partially developed or not developed their compliance programmes.
Angel Kasabo
